World Services Inc Prepare an Income Statement Through Operating Income for the Month

Essay

World Services Inc. has provided the following information pertaining to the month ended October 31, 2014: $$\begin{array} { | l | r | l | l | r | } \hline \text { Sales revenue } & \$ 100,000 & & \text { Supplies expense } & \$ 1,500 \\\hline \text { Interest expense } & 6,900 & & \text { Rent expense } & 4,000 \\\hline \text { Cost of goods sold } & 60,000 & & \text { Salaries expense } & 9,500 \\\hline \text { Dividends paid } & 5,000 & & \text { Utilities expense } & 1,100 \\\hline \text { Advertising expense } & 4,500 & & \text { Loss on sale of land } & 3,200 \\\hline \text { Dividends declared } & 7,100 & & \text { Income tax expense } & 3,800 \\\hline \text { Unearned revenues } & 6,100 & & & \\\hline\end{array}$$ Prepare an income statement through operating income for the month ended October 31, 2014.